Shares of Twilio (NASDAQ: TWLO) jumped more than 15% in the after-market session after reporting stellar first quarter 2020 results. The cloud communications platform reported a non-GAAP net income of $0.06 per share and a GAAP net loss of $0.68 per share. Revenue surged 57% to $365 million.
Like the majority of the companies, Twilio withdraw its previously announced fiscal 2020 outlook as a result of COVID-19 pandemic impact. For the second quarter of 2020, non-GAAP loss is expected to range between $0.11 and $0.08 per share. Revenue for Q2 is touted to be in the range of $365 million to $370 million.
Active customer accounts rose 23% in the quarter to more than 190,000.
FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today. Total revenues increased to $22 billion from $19.3 billion in the same period a year ago. The company reported a
Adobe Inc (NASDAQ: ADBE) reported third-quarter 2021 financial results after the regular market hours on Tuesday. The software giant reported Q3 revenue of $3.94 billion, up 22% year-over-year and higher
The restaurant and food service industry is struggling to regain momentum after being hit hard by the pandemic. Restauranteurs are currently busy adapting to the changed operating conditions, shifting focus